102 West Street N Orillia, Ontario L3V 5C3

$624,900

A rare opportunity to own a legal, income-producing triplex in the heart of Orillia. Set on a generous lot with ample surface parking, this property offers self-contained units, each with its own entrance, kitchen, and bathroom, plus shared coin laundry for added convenience and revenue. The unit mix includes two 2-bedroom units, one 1-bedroom unit, and a finished basement. Two of the units are occupied month to month, providing immediate cash flow, while one unit sits vacant, giving a new owner full control to set market rents from day one. For first-time buyers or owner-occupants, the layout also allows you to live in one unit while tenant income from the others helps offset your own housing costs.The location works hard for both tenants and owners, with downtown shopping, schools, the hospital, parks, and quick highway access all just steps away. Big-ticket maintenance is already handled too, with a new roof installed in 2024. The property is being sold move-in ready, with all three stoves, three fridges, washer, dryer, and light fixtures included.Whether you're an investor looking or a buyer wanting to offset your mortgage with rental income, this triplex offers flexibility and long-term value in one of Orillia's most convenient locations. Book your showing today - opportunities like this don't sit long. (id:55460)

Property Details

MLS® Number	S13771100
Property Type	Single Family
Community Name	Orillia
Equipment Type	Water Heater
Parking Space Total	6
Rental Equipment Type	Water Heater

Building

Bathroom Total	4
Bedrooms Above Ground	5
Bedrooms Below Ground	1
Bedrooms Total	6
Appliances	Stove, Refrigerator
Basement Development	Finished
Basement Type	N/a (finished)
Construction Style Attachment	Detached
Cooling Type	None
Exterior Finish	Vinyl Siding
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	3
Size Interior	1,100 - 1,500 Ft2
Type	House
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	150 Ft
Size Frontage	62 Ft
Size Irregular	62 X 150 Ft
Size Total Text	62 X 150 Ft

https://www.realtor.ca/real-estate/30264820/102-west-street-n-orillia-orillia